NOT LISTED FOR SALE

5943 N 60th St Unit 5945 Milwaukee, WI 53218

Silver Spring Neighborhood

Estimated Value: $164,000 - $176,000

5 Beds
2 Baths
2,052 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $113,000 $55 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,229/month

2 Days on Market

Highlights

  • 2 Car Detached Garage
  • Golda Meir School Rated A-
  • Wood Siding

About This Home

As of October 2020

Owner occupants and investors take a look! Live in one unit and rent the other or add it to your portfolio. This stunning duplex has recently updated kitchens & bathrooms along with hardwood floors and more! It has been professionally managed over the last 2 years and yields a CAP rate of 9% and a cash-on-cash return of over 20%.

Last Agent to Sell the Property

Andrew Lied

Welcome Home Milwaukee License #91080-94 Listed on: 08/25/2020

Last Buyer's Agent

Jeannette Richardson

MAP Realty Group LLC License #87632-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Community Details

  • 2 Units

Listing and Financial Details

  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,234

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • New Construction: No
  • Year Built: 1960
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 5943 N 60th STREET #5945
  • Lot Acreage: 0.14
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 2052.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Brick/Stone, Brick, Vinyl, Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, Opener Included, 2 Car
  • Garage Spaces: 2.0

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2019
  • Total Taxes: 2234.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 23, 2020
Sold by
Hometown Housing Llc
Bought by
Martin Cody
Seller's Agent
Andrew Lied
Welcome Home Milwaukee
Buyer's Agent
Jeannette Richardson
MAP Realty Group LLC
List Price
$113,000
Sold Price
$113,000
Total Days on Market
2
Current Estimated Value
$169,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,874
Avg. Annual Appreciation
9.20%
Original Mortgage
$107,350
Outstanding Balance
$97,040
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$72,509

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 10, 2018
Sold by
U S Bank National Association
Bought by
Hometown Housing Llc
Seller's Agent
Amber Clark
Alliant Realty
Buyer's Agent
Tyler Smith
Keller Williams Realty-Milwaukee Southwest
List Price
$53,000
Sold Price
$53,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.38%

Purchase Details

Closed on
Jan 16, 2018
Sold by
Nation Jelani K and Nation Jelani
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 14, 2010
Sold by
North Shore Bank Fsb
Bought by
Nation Jelani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,037
Interest Rate
4.45%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2010
Sold by
Salazar Fermin
Bought by
North Shore Bank Fsb

Purchase Details

Closed on
Apr 11, 2006
Sold by
Cee Vincent F
Bought by
Salazar Fermin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martin Cody $113,000 None Available
Hometown Housing Llc $53,000 None Available
U S Bank National Association -- None Available
Nation Jelani $64,900 None Available
North Shore Bank Fsb -- None Available
Salazar Fermin $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Cody $107,350
Previous Owner Hometown Housing Llc $125,000
Previous Owner Hometown Housing Llc $73,600
Previous Owner Nation Jelani $64,037
Previous Owner Salazar Fermin $138,300
Previous Owner Salazar Fermin $108,000
Previous Owner Salazar Fermin $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $113,000 0.0% $55 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $113,000 +113.2% $55 / Sq Ft
07/12/2018 07/12/18 Sold $53,000 0.0% $26 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $53,000 -- $26 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,315 $140,300 $3,200 $137,100
2022 $3,425 $140,300 $3,200 $137,100
2021 $3,328 $109,300 $4,300 $105,000
2020 $2,807 $102,400 $4,300 $98,100
2019 $2,378 $68,900 $4,500 $64,400
2018 $1,791 $68,900 $4,500 $64,400
2017 $6,211 $61,200 $6,800 $54,400
2016 $5,828 $60,700 $6,800 $53,900
2015 -- $57,700 $6,800 $50,900
2014 -- $60,700 $6,800 $53,900
2013 -- $71,400 $6,800 $64,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andrew Lied

    Welcome Home Milwaukee

  • J

    Buyer's Agent in 2020

    Jeannette Richardson

    MAP Realty Group LLC

    (414) 218-9401

    4 in this area

    63 Total Sales

    Jeannette Richardson
    Section Image

  • A

    Seller's Agent in 2018

    Amber Clark

    Alliant Realty

    (414) 233-6775

    Section Image

  • T

    Buyer's Agent in 2018

    Tyler Smith

    Keller Williams Realty-Milwaukee Southwest

See All Agents

Map

Source: Metro MLS

MLS Number: 1706373

Metro MLS

APN: 174-0136-000-X

Wisconsin Milwaukee County Milwaukee 53218 Silver Spring

5943 N 60th St Unit 5945, Milwaukee, WI

This home is located at 5943 N 60th St Unit 5945, Milwaukee, WI 53218 since 25 August 2020 and is currently estimated at $169,874, approximately $82 per square foot. This property was built in 1960. 5943 N 60th St Unit 5945 is a home located in Milwaukee County with nearby schools including Craig Montessori School, Milwaukee German Immersion School, and La Escuela Fratney.

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